Startup Funding Espresso – The Value of Regular Investor Updates

The Value of Regular Investor Updates

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

Founders who have raised funding should give their investors regular updates.

Here's the value of regular updates to the investor:

It reminds the investor what you do and what progress you have made.

This becomes useful later when the founder goes to raise the next round.

It maintains the relationship between the founder and the investor.

This becomes useful later when key decisions are made and both sides must come together.

It keeps the conversation going so no single meeting becomes a make-or-break event.

This takes the pressure off.

It informs the investor of how the founder thinks and works.

This helps the investor understand the strengths and weaknesses of the founder.

It provides the backstory of how the startup reached its current position.

This helps the investor understand what has worked and what has not.

Investors should press the founder for updates if they are not receiving it.

Founders should find a way to provide regular updates to their investors.

 

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let's go startup something today.

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